NEW YORK (CBSNewYork) — It’s a smokin’ way to raise the funds to fix the subways — legalize marijuana and tax it to the max.

It’s the “tune in, turn on” solution proposed by a New York University think tank and it’s getting high marks from local politicians, CBS2’s Marcia Kramer reported Thursday.

Can puff the magic dragon save the New York City subways?

NYU Professor Mitchell Moss says legalizing and taxing marijuana could be the pot-of-gold solution lawmakers have been searching for to raise money for mass transit.

“The great advantage of the legalization of cannabis is that it’s a new revenue stream. It is not going to take money from other services and you can dedicate it to mass transit for as long as you need it,” Moss said.

The report comes as Gov. Andrew Cuomo is searching for ways to fund the fast-forward plan to fix subway and bus service. And with congestion pricing still a heavy lift for many lawmakers, a marijuana tax could give politicians a choice.

“Some of them would rather tax cannabis, which does relieve pain, than impose a congestion pricing fee, which is painful,” Moss said.

CBS2’s Kramer asked New Yorkers if congestion pricing or a tax on marijuana is the best way to raise money to fix the subways.

“Wow, I think probably the tax of marijuana,” said Darrell Wyatt of the Bronx. “Why not pull from there instead of pulling from taxpayers who don’t have that much money?”

Others agreed, taxing grass may be the best way to go.

So when lawmakers return to Albany in January they may find it’s high time for a maryjane tax. A spokesman for Gov. Cuomo said he has a working group considering legalizing and taxing marijuana and that its recommendations would be forwarded to the Legislature.